Transparency Market Research

Global Medical Textiles Market to Benefit from Adoption of Improved Medical Care and Hygiene Practices

Transparency Market Research Report Added "Medical Textiles Market" to its database.

 

Albany, NY -- (SBWIRE) -- 01/13/2016 -- Healthcare or medical textiles, a class of technical textiles used largely in the healthcare industry, are seeing unprecedented demand in medical and clinical applications. This will act as a high-impact driver for the global medical textiles market in the coming years, says Transparency Market Research in a report titled 'Medical Textiles Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013–2019.' The term medical textiles covers a range of materials ranging from simple bandage materials to more sophisticated tissue repair materials.

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On the basis of type, medical textiles can be classified as non-implantable materials, implantable materials, extracorporeal products, and hygiene products. Likewise, on the basis of application, the medical textiles market is segmented into: clinical uses, rehabilitation, first aid, and hygiene-related uses. The uses of medical textiles range from being applied as a bandaging and pressure garment to wound care material.

The important market drivers identified by TMR's report on the medical textiles market are: a growing aging population base, improved standards of living wherein healthcare occupies an important place, and the expansion of the healthcare industry as a whole. Consumers are now practicing hygiene through the use of a variety of antibacterial, microbicides, and antiseptic products. In several cases, medical textiles supplement many of the aforementioned products, thus witnessing higher sales and revenue. The coming years are expected to bring several opportunities for the growth of the medical textiles market and for the development of several sub-markets within it, says a senior TMR analyst.

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On the flip side, the medical textiles market will have to brave headwinds in the form of the high prices of such textiles, the use of advanced antiseptics that don't call for the use of medical textiles, a lack of hygiene-related practices among the populace in several underserved regions, and variations in the availability of raw material.

The market for medical textiles in Europe is the largest worldwide thanks largely to the massive contribution made to the market by countries such as the U.K., Germany, France, and Italy. Trailing Europe in the North America medical textiles market. Asia Pacific, although an opportunity-laden market, still remains an emerging space. However, with governments of developing countries taking measures to improve their healthcare infrastructure, the demand for medical textiles is expected to see an uptick in regions such as Asia Pacific and Latin America. Case in point would be the Technology Mission on Technical Textiles for which the government of India setting aside funds to the tune of 200 cr.

Companies that currently have a notable share in the medical textiles market are: Kimberly-clark Corporation, Johnson & Johnson, Beiersdorf India Pvt. Ltd, Imedex Biomateriaux, and Honeywell International.

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